03/29/2018 Live Update

[Cobra]

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no idea up or down from here. Seasonality today should be very bull friendly though.

[fehro]

/ES at key level 2617ish. /CL weakens.. it drops.. then indexes drop

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2018/03 ... ay-update/

[Trades with cats]

Overnight view of 5 minute bars

[Trades with cats]

FT71 who does have an office by the exchange in downtown Chicago (unlike me in my home office) did say he thinks good chance people will make this a four day weekend. Said to watch the morning volume. Also said don't fade the close if it starts a bull run because of end of quarter positioning.

[fehro]

mind SPY 50w SMA 253.. for crazy down target .. should we fall apart

[fehro]

mind SPY 50w SMA 253.. for crazy down target .. should we fall apart

255.70ish actual 50w SMA

[fehro]

bonds want the 20w/50w…. just 0.50 - .80 ish higher

[fehro]

SPX 50w 2560ish.. should we totally come apart

[Cobra]

members only update at 10:03 am
http://www.cobrasmarketview.com/2018/03 ... ay-update/

[Cobra]

morning hourly filled black.

[te_fern]

At least TICKs have perked up!!

[te_fern]

The two blue lines are yesterday's general chop zone. Will probably stay in them again today.....

[Trades with cats]

The two blue lines are yesterday's general chop zone. Will probably stay in them again today.....

I really need to work on trading from outside in or how to play reversion to the mean. Yesterday was not friendly to a trend follower like me.

[Trades with cats]

ES 15 minute bars pit hours

How about that volume profile right out of Statistics 101. Can you say balanced profile means no good trend following.
Relative volume (20 day average) sputtering out at the close.
Market says all work and no play makes you a dull boy, go do spring break!

[Al_Dente]

Note GOOG and its 200dma

[GOOG owns youtube. It was interesting to see what youtube added just below this harmless video]
https://www.youtube.com/watch?v=L6xCFxuqGVQ

[fehro]

triangle SPX

[te_fern]

The two blue lines are yesterday's general chop zone. Will probably stay in them again today.....

I really need to work on trading from outside in or how to play reversion to the mean. Yesterday was not friendly to a trend follower like me.

I need to determine what kind of day it is faster as well. Still learning. I got burned by not using a stop loss last week and now sitting with a big loss. I need to put a sticky on my forehead, use stop losses!!

[Al_Dente]

BULL AD:
NY advancing stocks = 4 x declining stocks
NY advancing volume = 4.2 x declining volume
Nasdaq advancing stocks = 2.7 x declining stocks
Nasdaq advancing volume = 1.3 x declining volume (only this one is weak)

[te_fern]

Peaking out the top, wouldn't bet on it though....